HOUSTON, June 26, 2017 /PRNewswire/ -- Nitya Capital, a privately held real estate investment firm based in Houston, Texas that focuses on the acquisition and management of opportunistic and value-add multifamily properties in the class B & C sector, announced today its CEO and Founder, Swapnil Agarwal, was named the 2017 EY Entrepreneur Of The Year™ in the Banking and Capital Markets category for the Houston and Gulf Coast Region, including Louisiana and Mississippi.
"I am honored to be selected for this award from among the most successful entrepreneurs in the Houston and Gulf Coast Region," said Agarwal. "Winning this award is a true testament to our employees whose skill and dedication have made this possible. We look forward to continued growth as Nitya Capital expands to meet and exceed the needs of the communities we serve."
Under Agarwal's vision and leadership, Nitya Capital has experienced dramatic growth in a very short time. Since its inception in 2014, Agarwal has built a proven and sustainable business model adding to the company's rapidly expanding portfolio, which now includes over 10,000 units and nearing $750 million assets under management.
Now in its 31st year, the EY Entrepreneur Of The Year™ program is the world's most prestigious business award for entrepreneurs. Recognized globally, the award honors the most outstanding entrepreneurs who inspire others with their vision, leadership, and achievement and are building and leading dynamic, growing businesses. The program has expanded to recognize nearly 10,000 business leaders in more than 145 cities in more than 60 countries throughout the world.
Agarwal will now be eligible for the Entrepreneur Of The Year National Overall Award, which will be announced at the Entrepreneur Of The Year National Awards gala in Palm Springs, California on November 18, 2017, at the Strategic Growth Forum, a weeklong gathering of high-growth, market-leading companies.
About Nitya Capital:
Nitya Capital is a privately held real estate investment firm that focuses on the acquisition and management of opportunistic and value-add multifamily properties. Since its inception, Nitya Capital has acquired over 9,000 units throughout Texas and has nearly $750 million in assets under management. The firm's leadership has decades of experience in global real estate investing and multi-sector investing through business cycles including recessionary environments. Nitya Capital has a targeted investment thesis and a proven track record of realized returns and strong performance as evidenced by significant revenue and NOI growth across its portfolio. For more information about Nitya Capital, visit www.nityacapital.com.
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SOURCE Nitya Capital